Tink inks deal with Italian bank BNL

Open banking startup Tink has entered into a partnership with BNL to launch a multi-banking service to the Italian bank's app.

Minna Technologies raises £14m in Series B round

Subscription management company Minna Technologies has raised £14m in a Series B round to fund the development of its open banking technology.

FinTechs urge the FCA to pull the plug on big banks’ data dominance

The Coalition for a Digital Economy (Coadec) has urged the UK's top financial regulator to make open banking truly open in 2021 and to "break" banks' dominance.

Citi builds FinTech open banking marketplace for FinTechs

Investment bank Citi is building an open banking marketplace where third party FinTech firms can sign data access agreements to customer-approved accounts with eight startups and data aggregators.

Should you outsource or build your own WealthTech solutions?

Implementing digital wealth management solutions can be tempting for many companies. However, the choice of whether they should build their own, enlist vendors or mix the two approaches is far from easy to make.

Tink adds €85m in investment round extension

Open banking platform Tink has added another €85m to its coffers in a new investment round-extension co-led by new investor Eurazeo Growth and existing investor Dawn Capital.

Firms paid $10.4bn in fines over the last year for breaking money laundering, privacy...

The total volume of fines levied against firms for breaking money laundering, data privacy, MiFID and know your customer rules jumped by 141% and amounted to $10.4bn in total so far this year.

Singapore authorities launch new infrastructure for improved financial management for citizens

While open banking is still to be fully realised in Europe and the US, Singaporean authorities have joined forced to launch a digital infrastructure that offers something similar.

Most European executives optimistic about open banking

European financial institutions are in general optimistic about open banking, but a risk of internal alignment could be holding them back, new data from Tink reveals.

Nordigen launches free API to solve the European “hot mess” of open banking

Credit scoring startup Nordigen has launched a new open banking API to solve the issue of expensive solutions in the market, taking a swing at companies like Tink and Plaid in the process.

News Stories

top-two-deals-lions-share-fintech-funding

Top two deals make up lion’s share of FinTech funding this week

Two large deals of $296 and $93m respectively stole the show in this weeks FinTech funding round up. 
risk

What are the governance, risk and compliance trends to watch?

In a recent post by RegTech firm ViClarity, the company outlined some of the key governance, risk and compliance trends to watch.
Red Flag

Foresight and Uncapped fuel Red Flag Alert’s growth with £4.5m boost

Red Flag Alert, a credit risk data and risk intelligence firm based in Manchester, has bagged £4.5m in funding.
FCA

FCA bans referral fees to protect struggling consumers

The FCA has banned on referral fees for certain debt advice providers in an effort to support consumers facing financial difficulties.
Tink

Tink, ecolytiq merge FinTech and sustainability with carbon tracking feature

Open banking firm Tink and ecolytiq, a vanguard in climate engagement solutions, have come together in a collaboration.

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